Park Photo

The management board of Saigon Hi-Tech Park yesterday said that they would improved localization rate to 25 percent in products made by Foreign Direct Investment (FDI) enterprises in the park this year.

The 69th founding anniversary of the Socialist Republic of Vietnam on September 2 is also the time when Ho Chi Minh City nearly finishes its five year socioeconomic development plan 2011-2015 with many impressive investment results.

HCMC – Though foreign and local investments in Saigon Hi-Tech Park (SHTP) in January-September declined year-on-year, a major proportion of the capital pledged in the period went to research, incubation and training projects.